Been in business longer than 15 minutes? Good – that means you’ve asked yourself bookkeeping questions. But how good are your answers? Better yet – how good are your questions? The stakes are high when your livelihood is on the line. And good bookkeeping helps keep your...
It takes a good, in-depth look at your unique business plan to come up with really good financial strategies. Doing this work is completely worth it. As part of our service to small businesses that we serve, we always go over your business plan during our...
Hiring a professional bookkeeper is the easiest, most profitable way to gauge how well your company is operating while continuing to grow your business. However, not all bookkeepers are the same and the one you hire can be the difference between success and struggle. So,...
If you’re like most chiropractors, you’re probably wondering if you’re doing your books the right way. Whether you’re looking to improve accuracy, efficiency, or are simply troubleshooting a specific problem, these bookkeeping basics can point you in the right direction....
How would you go about explaining bookkeeping to a six-year-old? You might say that it's keeping track of how many coins you put into your piggy bank and then how many you take out. While that is the basic premise of bookkeeping, it’s certainly more complex...
There can be several reasons why your QuickBooks balance doesn't match what you see in your bank account. Let's review what might be causing this discrepancy. When your bank account balance is less than your QuickBooks balance: If there are expenses which have cleared the bank but...
Business owners come to us every couple of weeks with statements like this: “QuickBooks has all my transactions from my bank feed, but none of them are reconciled.” “I just use a spreadsheet.” “I send invoices from a word document.” Or - “All the numbers are in my head.” You...
Taxes come every year whether you are ready for them or not and you need a professional who can safely navigate your business through the ever changing and muddy waters of tax law. Something that was deductible last year, may not be this year. But...
Record Keeping Habits That Will Ensure Your Maximum Tax Deduction As we approach the end of the year, whether it is the end of your fiscal year or not, it is always helpful to refresh your business practices so that you aren’t in lurch come tax...
A Quick Guide to Looking at Your Business Finances All over our website and our blog, you will hear every single person on the Two Roads team rant about why your numbers matter. For the entrepreneur and small business owner, we say things like: “Your...
